Battaramulla, Western Province, Sri Lanka
• Primary responsibility is to undertake the review of the deliverables (Hedge funds, FOFs, Mutual funds, Extended Portfolio valuations) before reconciliation and pricing reports send to client. • Responsible for resolving of all issues to ensure daily delivery as per the PLA (Process Level Agreement) and take ownership of final pack before delivery to onshore. • To ensure maintenance of the underline accounting records for all fund types necessary for the preparation of Valuation pack in an organized manner and perform checks as required for overall control of the process. • By client aware and contribute to a successful implementation process, on boarding new funds and be able to interact confidently with business Area calls an error discussion of the team. • Promote teamwork and share best practices with team and across the teams where it is impact on the process, demonstrate ability and willingness to train and monitor staff. • Administration of queries from other departments, business area and escalate important developments in a timely manner while maintain high quality communication. • Maintain internal Control Standard, including final implementation of internal and external Audit points together with any issues raised by external regulations while holding responsibility regarding process Business Risk & Control Management activities. • Engaging in researches conducted under cost reduction projects, was worked as the in charge of collecting required data at the team level. • Carryout variance analysis for the estimates we made and budgets prepared to support the decision making of client in future valuations.
• Preparation of Final Statements of hedge Funds of Hong Kong based clients comprising of balance sheet, income statement, cash flow statement, Financial Highlights, Notes on Accounts and other Annexure to Annual and Interim Reports like Statement of Investment, Statement of Changes in Capital etc. for different funds administered by HSBC Globally in accordance with internationally recognized accounting standards. • As a part of the basic role, incorporate financial details of Hedge funds extracted from the set of Reports used in the Gross Asset and Net Asset Value Calculations into Final Statements and analysis of discrepancies.
- Engaged in planning, conducting and finalization of audits of financial statements of various types of organizations operating in different industries including manufacturing, finance, Advertising, Shipping, charity organizations. - Performed and assisted the audit of following areas at different clients such as revenue, marketing, debtors’ and inventory management (Debtors/inventory aging and provision adequacy), Treasury & cash management, Human Resources Management, procurements and suppliers’, property plant and equipment, foreign currency reporting and computation of exchange gain or loss as per accounting standard, handling Employee Provident fund and Employee Trust Fund, Retirement benefit obligation, Borrowings, Loans and receivables, Short term investments and other financial instruments. Ratio analysis, working capital management and special engagements such as Agreed Upon Procedures. - Provide guidance to other members of the audit team on the performance of their duties and review of their work. - Preparation / review of financial statements, auditors’ reports to the members and other reports in accordance with relevant standards and legislations. - Liaison and co-ordination with client management on all instances in respect of the audit, accounting, tax and client service matters to ensure effective accomplishment of tasks relating to assurance engagements. - Preparation of management letters and other specific reports as requested by the client, discussion and finalization of the same with client management. - Review of working papers and other special reports, and provide guidance and feedback to audit teams on their performance.